Forecast: R&D Budget for Defence in Denmark

The Danish Defense R&D budget has seen modest fluctuations from 2013 to 2023, with significant year-on-year shifts and moderate Compound Annual Growth Rates (CAGR). From 2021 to 2023, there was an average annual increase of approximately 8%, followed by a slight decrease of 0.86% in 2023. As of 2023, the budget stood at 0.38 in Unit of Total GBARD, maintaining a stable forecast through 2028. The previous five-year CAGR was 4.09%, reflecting a gradual growth trajectory.

Key trends over the last decade show a recovery from early negative growth towards a consistent plateau. Future trends to observe include the impact of geopolitical shifts on budget allocations and technological advancements driving R&D needs.